Introduction
The month of November will be remembered as the month of strengthening the partnership between Bluzelle (https://bluzelle.com) and Polkadot (https://polkadot.network).
Bluzelle is a decentralized data network, focused on dapps, that manages data in a secure, tamper-proof and highly scalable way.
Bluzelle is built on Cosmos and its BFT Tendermint technology. Bluzelle is a cross-chain solution, meaning it can be used by any dapp on any blockchain.
In addition to providing a decentralized data network, Bluzelle also offers Bluzelle Oracles, which provides high-demand pricing feeds for defi applications. Bluzelle Oracles has as main features: fast pricing intervals, high-quality price data and advanced security triggers.
Polkadot is built to connect private and consortium chains, public and permissionless networks, oracles, and future technologies that are yet to be created. Polkadot facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain.
Polkadot has great scalability that allows projects to deploy their own blockchains — so-called “parachains”, with smart contracts that connect to Polkadot’s main “relay chain”. This has attracted many projects to the Polkadot ecosystem.
However, although Polkadot is a scalable and feature-rich blockchain, there is a need for other resources, including a decentralized data network and a reliable and fast Oracles solution for these DeFi solutions. It is here that the integration of these projects with Bluzelle becomes viable and beneficial.
Bluzelle’s data delivery network enables dApps to realize this potential by removing the need for reliance on centralized data centers.
On September 15 this year, Bluzelle announced that he was working with Polkadot to bring distributed storage resources to projects based on Polkadot’s substrate structure, while advancing Bluzelle’s goal of becoming the de facto data layer for Web3.
In October, the first partnerships were announced: Stafi (https://www.stafi.io) and Reef Finance (https://reef.finance).
And now in November this partnership was leveraged in what was called “Bluzelle Polkadot Party” or “Bluzelle Polkadot Week”, a series of announcements of partnerships between Bluzelle and DOT projects of great potential. #BLZConnectingtheDOTs was used to celebrate the accelerated adoption of the Bluzelle with DOT ecosystem.
Tidal Finance
The kick-off of the Bluzelle-Polkadot Week was on November 3rd with the announcement of the partnership with Tidal Finance (https://tidal.finance).
Tidal Finance, a Balancer-like insurance market, will use Bluzelle’s decentralized storage to store its data on different hosts by distributing them across the whole network.
Phala Network
On November 5th, a new partnership was announced, this time with Phala Network (https://phala.network), a project focused on data privacy preserving protocol.
Phala will use Bluzelle’s decentralized database as one of their off-chain data storage solutions for their main flagship, the Web3 Analytics, an alternative of Google Analytics.
Bluzelle will offer a secure, realiable, scalable and fast network i a decentralized storage network.
Mantra DAO
Mantra DAO (https://mantradao.com), one of the most prominent projects in the Polkadot ecosystem, officially joined Bluzelle according with the announcement made on November 5th.
Mantra DAO, a community governed DeFi platform with staking, lending, and governance features will integrate BluzelleDB into their future products, including its KARMA rating protocol, while running a BLZ validator to contribute to the security of the Bluzelle network.
Equilibrium DeFi
On November 10th, Equilibrium (https://equilibrium.io/en), a cross-chain money market that combines pooled lending with synthetic asset generation and trading, joined forces with Bluzelle.
Equilibrium will use Bluzelle Oracles to power its DeFi solutions such as lending, borrowing, and trading.
Bluzelle will provide Equilibrium with high-quality and reliable price feeds in a secure and fast way.
RioDeFi
Finally, on November 12th, Bluzelle made the last partnership of the month official, this time with RioDeFi (https://riochain.io), a blockchain company that aims to bring the mass adoption of digital assets by bridging traditional and decentralized finance.
BluzelleDB will be used to store data from DApps built on RioDeFi platform, while RioDeFi will increase the security and decentralization of the Bluzelle blockchain, acting as a long-term valitador on the BLZ network.
Conclusion
Since September, with the announcement of the integration of Bluzelle with Polkadot, DOT projects have been continuously joining the Bluzelle ecosystem.
This not only proves the strength and potential of Bluzelle’s decentralized data network solution, but it also demonstrates that Bluzelle Oracles are a great option for the prominent DeFi platforms that are increasingly entering the market.
With the launch of the Bluzelle mainnet imminent, we can expect that these integrations will accelerate and that new projects will sign agreements to use Bluzelle solutions, making Bluzelle an increasingly important player in the DeFi market.
Bluzelle Links
Website: https://bluzelle.com/
Telegram: https://t.me/bluzelle
Twitter: https://twitter.com/bluzellehq
Reddit: https://www.reddit.com/r/Bluzelle/
Medium: https://blog.bluzelle.com/
